Aviation Business
Summary
Dubai has moved into the next phase of its plans to develop Al Maktoum International Airport, awarding contracts for major construction packages as part of a $35 billion investment aimed at scaling up the emirate’s air travel and logistics capacity over the next decade.
A one billion dirham ($272m) contract for a second runway has been awarded to local firm Binladin Contracting Group. A separate AED75 million enabling works package has also reportedly been confirmed, marking the shift from planning to delivery. Additional contracts—covering baggage systems, district cooling, and an automated people mover—are expected to be awarded in the coming months and into early 2026.
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